Portuguese Economic Development and External Funding in the Modern Era

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Author :
Publisher : Liverpool University Press
ISBN 13 : 1782847472
Total Pages : 224 pages
Book Rating : 4.7/5 (828 download)

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Book Synopsis Portuguese Economic Development and External Funding in the Modern Era by : Nuno Cunha Rodrigues

Download or read book Portuguese Economic Development and External Funding in the Modern Era written by Nuno Cunha Rodrigues and published by Liverpool University Press. This book was released on 2021-10-27 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: After World War II, with the triumph of multilateralism, several international organizations were created, including two which would be of special importance for the external funding of the Portuguese economy in the second half of the twentieth century and in the early twenty-first. The European Union and the International Monetary Fund have been responsible for providing large amounts of funding, both in periods of economic development and during times of financial crisis. This contributory volume provides a thorough analysis on specific case studies: the Marshall Plan (1949-1952); the three IMF interventions (in the seventies, eighties and the 2011 bailout); the implementation of the first EU funds Portugal received prior to accession; and the debate on the new framework for European funds for the period 2021-2027. These case study analyses provide an overview of the legal, economic and financial implications that such external funding has on the country at different times and in different economic contexts. Of particular import at all times is the public finance legal framework, and this is especially the case for the new European funding structures, which has attracted some criticism. And for any future IMF financial assistance and its political implementation implications. Portuguese Economic Development and External Funding in the Modern Era provides important insights into economic development, crisis management, financial assistance and European investment funds. While the work is Portuguese-centred, the topics investigated and the means of analysis adopted are applicable to other countries. This is the first book to address economic development and external funding, and it will inevitably be used as a template for future research.

Economic Stabilization and Growth in Portugal

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Author :
Publisher : International Monetary Fund
ISBN 13 : 9781557750617
Total Pages : 38 pages
Book Rating : 4.7/5 (56 download)

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Book Synopsis Economic Stabilization and Growth in Portugal by : Mr.Hans O. Schmitt

Download or read book Economic Stabilization and Growth in Portugal written by Mr.Hans O. Schmitt and published by International Monetary Fund. This book was released on 1981-04-15 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews economic stabilization and growth in Portugal during the 1970s. Following a decade of rapid growth with external equilibrium, the Portuguese economy in the early 1970s suffered a series of major shocks. The paper highlights that the problem of managing economic growth with a balance-of-payments constraint was new to Portugal. The paper reviews the issues that had to be resolved to develop an effective program. The economic outturn is also critically examined in this paper.

The Modern Portuguese Economy in the Twentieth and Twenty-First Centuries

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Author :
Publisher : Springer
ISBN 13 : 3030245489
Total Pages : 348 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis The Modern Portuguese Economy in the Twentieth and Twenty-First Centuries by : Luciano Amaral

Download or read book The Modern Portuguese Economy in the Twentieth and Twenty-First Centuries written by Luciano Amaral and published by Springer. This book was released on 2019-08-14 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers insights into the behaviour of the Portuguese economy in relation to economic growth from the twentieth century to the present. How did the 1891-92 crisis and World Wars impact Portugal economically? How did the Portuguese economy behave during the 'Golden Age' of economic growth in postwar Europe? What have the effects of the European Monetary Union been? Amaral examines long-running trends in the development of the modern Portuguese economy in order to help us understand various growth phases of the modern period. This title is important reading for economic historians and economists researching economic growth, crises, stablisation and monetary unions.

IMF Staff papers

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Publisher : International Monetary Fund
ISBN 13 : 1451947232
Total Pages : 223 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis IMF Staff papers by : International Monetary Fund. Research Dept.

Download or read book IMF Staff papers written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1966-01-01 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Foreword to the first issue: “Among the responsibilities of the International Monetary Fund, as set forth in the Articles of Agreement, is the obligation to fact as a center for the collection and exchange of information on monetary and financial problems,’ and thereby to facilitate ‘the preparation of studies designed to assist members in developing policies which further the purposes of the Fund.’ The publications of the Fund are one way in which this responsibility is discharged. “Through the publication of Staff Papers, the Fund is making available some of the work of members of its staff. The Fund believes that these papers will be found helpful by government officials, by professional economists, and by others concerned with monetary and financial problems. Much of what is now presented is quite provisional. On some international monetary problems, final and definitive views are scarcely to be expected in the near future, and several alternative, or even conflicting, approaches may profitably be explored. The views presented in these papers are not, therefore, to be interpreted as necessarily indicating the position of the Executive Board or of the officials of the Fund.”

An Economic History of Portugal, 1143–2010

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1107035546
Total Pages : 419 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis An Economic History of Portugal, 1143–2010 by : Leonor Freire Costa

Download or read book An Economic History of Portugal, 1143–2010 written by Leonor Freire Costa and published by Cambridge University Press. This book was released on 2016-05-03 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fascinating exploration of the evolution of the Portuguese economy over the course of eight centuries, from 1143 to 2010.

A History of the Global Economy

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Publisher : Cambridge University Press
ISBN 13 : 110710470X
Total Pages : 385 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis A History of the Global Economy by : Joerg Baten

Download or read book A History of the Global Economy written by Joerg Baten and published by Cambridge University Press. This book was released on 2016-03-10 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In co-operation with the International Economic History Association."

Small States and Big Powers

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Publisher : Springer Nature
ISBN 13 : 3031423453
Total Pages : 170 pages
Book Rating : 4.0/5 (314 download)

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Book Synopsis Small States and Big Powers by : Alice Cunha

Download or read book Small States and Big Powers written by Alice Cunha and published by Springer Nature. This book was released on 2023-11-15 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign policy is one of the most complex policies of every state, and Portugal and Iceland are no exception. The “Small States and Big Powers: Portugal and Iceland’s Foreign Relations” book analyses the importance of relations with big powers or regional and international organisations from a shelter theory perspective, detailing the degree of political, economic and societal shelter that they have provided to Portugal and to Iceland over time. Despite having followed distinct paths, Portugal and Iceland have some important similarities in their foreign policy, namely in relation to the European and the Atlantic dimensions and their participation in regional organisations. The book examines their decisions to join or not to join regional organisations, and both countries’ bilateral relations with other important parts of the world, namely Africa, the Nordic states and China. This book compares the foreign policies of Portugal and Iceland considering their commonly identified status as small states and place them within the shelter theory framework, and its findings indicate that both countries need to balance their international relations with shelter provided by different actors. Their size and political and economic capabilities matter in their bilateral and multilateral relations. It is therefore in both countries’ interest to maintain strong cooperation not only with big powers, but also regional and international organisations, depending on their field of action, in order to flourish politically, economically and socially.

A Concise History of Portugal

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Author :
Publisher : Cambridge University Press
ISBN 13 : 9780521536868
Total Pages : 244 pages
Book Rating : 4.5/5 (368 download)

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Book Synopsis A Concise History of Portugal by : David Birmingham

Download or read book A Concise History of Portugal written by David Birmingham and published by Cambridge University Press. This book was released on 2003-11-13 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This concise, illustrated history of Portugal offers an introduction to the people and culture of the country, its empire, and to its search for economic modernisation, political stability and international partnership. The book studies the effects of the vast wealth mined from Portuguese Brazil, the growth of the wine trade, and the evolution of international ties. The Portuguese Revolution of 1820 to 1851 created a liberal monarchy, but in 1910 the king was overthrown and, by 1926, had been replaced by a dictatorship. In 1975 Portugal withdrew from its African colonies and turned north to become a democratic member of the European Community in 1986. Researched during the years which followed the fall of Portugal's dictators in 1974, this book has become the standard single-volume work. The second edition brings the story up to date and discusses the state of historical writing on Portugal at the turn of the millennium.

How Does Political Instability Affect Economic Growth?

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Publisher : International Monetary Fund
ISBN 13 : 1455211907
Total Pages : 30 pages
Book Rating : 4.4/5 (552 download)

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Book Synopsis How Does Political Instability Affect Economic Growth? by : Mr.Ari Aisen

Download or read book How Does Political Instability Affect Economic Growth? written by Mr.Ari Aisen and published by International Monetary Fund. This book was released on 2011-01-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.

Making Life Easy for Citizens and Businesses in Portugal Administrative Simplification and e-Government

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Publisher : OECD Publishing
ISBN 13 : 926404826X
Total Pages : 210 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Making Life Easy for Citizens and Businesses in Portugal Administrative Simplification and e-Government by : OECD

Download or read book Making Life Easy for Citizens and Businesses in Portugal Administrative Simplification and e-Government written by OECD and published by OECD Publishing. This book was released on 2008-12-18 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyses administrative simplification and e-government in Portugal, showing how e-government can be used as a lever for broader administrative simplification by making service delivery more coherent and efficient.

Global Waves of Debt

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Publisher : World Bank Publications
ISBN 13 : 1464815453
Total Pages : 403 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Waves of Debt by : M. Ayhan Kose

Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Historical Dictionary of Portugal

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Author :
Publisher : Scarecrow Press
ISBN 13 : 0810870754
Total Pages : 430 pages
Book Rating : 4.8/5 (18 download)

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Book Synopsis Historical Dictionary of Portugal by : Douglas L. Wheeler

Download or read book Historical Dictionary of Portugal written by Douglas L. Wheeler and published by Scarecrow Press. This book was released on 2010-05-10 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: The third edition of Historical Dictionary of Portugal greatly expands on the second edition through a chronology, an introductory essay, a bibliography, and hundreds of cross-referenced dictionary entries on important persons, places, events, and institutions, as well as on significant political, economic, social, and cultural aspects.

Czech Republic

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Author :
Publisher : World Bank Publications
ISBN 13 : 9780821345054
Total Pages : 220 pages
Book Rating : 4.3/5 (45 download)

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Book Synopsis Czech Republic by :

Download or read book Czech Republic written by and published by World Bank Publications. This book was released on 1999-01-01 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: ...the relationship between employment growth and output growth...is greatly affected by the functioning, efficiency and institutional structure of the labor market. --Joseph Stiglitz, Chief Economist Despite the resumption of economic growth in most LAC countries since the late 1980s, improvements on the employment/unemployment front have been sluggish at best, with a few notable exceptions. In many countries, renewed growth in LAC in the 1990s has so far failed to generate adequate new jobs in place of those lost during the adjustment, and to restore wages to pre-crisis levels. The focus of this book is on: · the performance of labor markets in the LAC region since the beginning of significant structural reforms most countries in the region have undertaken · the structure of labor markets, institutions, and incentive structures; · the effects of that structure on employment, earnings, income distribution, and poverty levels; · the role of labor market institutions in labor market trends; · the options for reform and the benefits of comprehensive labor reforms, as evidenced inside and outside the region; · labor policy reforms to improve in a sustainable way the employment/unemployment outlook.

The Liquidation of Government Debt

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Publisher : International Monetary Fund
ISBN 13 : 1498338380
Total Pages : 47 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis The Liquidation of Government Debt by : Ms. Carmen Reinhart

Download or read book The Liquidation of Government Debt written by Ms. Carmen Reinhart and published by International Monetary Fund. This book was released on 2015-01-21 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or belowmarket real interest rates. After WWII, capital controls and regulatory restrictions created a captive audience for government debt, limiting tax-base erosion. Financial repression is most successful in liquidating debt when accompanied by inflation. For the advanced economies, real interest rates were negative ½ of the time during 1945–1980. Average annual interest expense savings for a 12—country sample range from about 1 to 5 percent of GDP for the full 1945–1980 period. We suggest that, once again, financial repression may be part of the toolkit deployed to cope with the most recent surge in public debt in advanced economies.

Too Much Finance?

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Publisher : International Monetary Fund
ISBN 13 : 1475526105
Total Pages : 50 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Too Much Finance? by : Mr.Jean-Louis Arcand

Download or read book Too Much Finance? written by Mr.Jean-Louis Arcand and published by International Monetary Fund. This book was released on 2012-06-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We use different empirical approaches to show that there can indeed be "too much" finance. In particular, our results suggest that finance starts having a negative effect on output growth when credit to the private sector reaches 100% of GDP. We show that our results are consistent with the "vanishing effect" of financial development and that they are not driven by output volatility, banking crises, low institutional quality, or by differences in bank regulation and supervision.

Safeguarding the Euro in Times of Crisis

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Author :
Publisher :
ISBN 13 : 9789295085336
Total Pages : 419 pages
Book Rating : 4.0/5 (853 download)

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Book Synopsis Safeguarding the Euro in Times of Crisis by :

Download or read book Safeguarding the Euro in Times of Crisis written by and published by . This book was released on 2019 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tells the inside story of those who played key roles in setting up the organisations and combatting the crisis. In exclusive interviews, global financial leaders and ESM insiders provide a rich stock of perspectives and anecdotes that bring to life the urgency of the crisis as well as the innovative solutions found to resolve it. The European Stability Mechanism and its temporary predecessor the EFSF provided billions of euros in loans to five hard-hit euro area countries during the European financial and sovereign debt crisis of the early 2000s, helping to safeguard the stability of those countries and the euro area as a whole. Initially, the crisis-torn euro area was ill-equipped institutionally, but the rapid establishment of the firewalls, the assistance programmes, deep‐seated country reforms, the strengthening of European institutions, and extraordinary European Central Bank measures shielded Europe from a euro area break-up. With the EFSF/ESM set-up, its managers aspired to create a new, more entrepreneurial international financial institution, one that is agile enough to respond quickly to new challenges, while still ensuring the strict governance befitting an organisation pursuing a public mission. The euro area has emerged from near disaster in more robust shape. As Europe strives to further strengthen its architecture in preparation for any possible future crises, it is important to reflect upon how the euro area reinvigorated its fortunes and draw the relevant lessons for future crisis management in Europe and beyond.

This Time Is Different

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Author :
Publisher : Princeton University Press
ISBN 13 : 0691152640
Total Pages : 513 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis This Time Is Different by : Carmen M. Reinhart

Download or read book This Time Is Different written by Carmen M. Reinhart and published by Princeton University Press. This book was released on 2011-08-07 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: An empirical investigation of financial crises during the last 800 years.